What is a ‘Low Doc’ home loan and does Pepper offer them?

Low Doc home loans is a term used to describe the amount and type of income documentation you're able to provide to verify your income and support a home loan application. If you're unable to get payslips or up-to-date tax returns, then a ‘Low Doc’ loan may suit you better than a more traditional loan, or what’s called a ‘Full Doc’ loan.

At Pepper, we call them ‘Alt Doc’ loans. In our eyes, it’s not about giving less documentation, but more about providing alternative documentation to evidence your income.

Does Pepper offer a ‘No Doc’ loan? No, we don’t. As a responsible lender, we have a duty of care to you as our customer. Pepper strictly complies with the regulations prescribed by the National Consumer Credit Protection Act (NCCP). While still keeping to these regulations, we can still offer you a number of flexible loan options. They allow you to provide alternative methods of verifying your income to help you get a loan.

For more information speak to one of our friendly Lending Specialists on 13 73 77, Monday to Friday between 8:00am and 6:00pm AEST.

Disclaimer: Please read

These articles provide you with factual information only, and are not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. The information in these articles is believed to be reliable at the time of distribution, but Pepper does not warrant its completeness or accuracy. Neither Pepper nor its related bodies, nor their directors, employees or agents accept any responsibility for loss or liability which may arise from accessing or reliance on any of the information contained in these articles. For information about whether a Pepper loan may be suitable for you, call Pepper on 13 73 77.